{"id":91202,"date":"2015-09-11T13:09:36","date_gmt":"2015-09-11T13:09:36","guid":{"rendered":"https:\/\/armbanks.am\/2015\/09\/11\/243514\/"},"modified":"2024-12-15T13:20:00","modified_gmt":"2024-12-15T13:20:00","slug":"bank-of-russia-leaves-key-interest-rate-unchanged-at-11","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2015\/09\/11\/91202\/","title":{"rendered":"Bank of Russia leaves key interest rate unchanged  at 11%"},"content":{"rendered":"<p><strong>YEREVAN, September 11. \/ ARKA \/.<\/strong> The Bank of Russia left the key interest rate unchanged Friday at 11%, citing ruble-driven inflationary risks, and said that its further rate decisions will depend on the risks of inflation and cooling of the economy.<\/p>\n<p>The Bank of Russia has cut rates five times this year. Today\u2019s decision is said to be in line with the market consensus. The key rate remains above 10.5%, the level it was at in early December, before an emergency increase to 17% that helped to stabilize the plummeting ruble.<\/p>\n<p>The decision to hold rates at their present level follows an increase in annual inflation to 15.8% in August from 15.6% in July, which was caused by a drop in the ruble on the back of falling oil prices, according to .news reports<\/p>\n<p>&#8220;The key sources of inflationary risks and further worsening of the macroeconomic conditions, continued inflationary expectations at a high level and a revision of regulated prices and tariffs for 2016-2017&#8230;and easing of the budget policy,&#8221; the central bank said in a statement.<\/p>\n<p>The Russian government acknowledged last week that the country&#8217;s economy is going to take longer to recover than it previously expected, weighed down by the slump in the value of the ruble. -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Bank of Russia left the key interest rate unchanged Friday at 11%, citing ruble-driven inflationary risks, and said that its further rate decisions will depend on the risks of inflation and cooling of the economy<\/p>\n","protected":false},"author":1,"featured_media":156954,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[15418,12160,12146],"class_list":{"0":"post-91202","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-banks-en-en","8":"category-news","9":"tag-bank-en-2","10":"tag-rate","11":"tag-russia"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/91202","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=91202"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/91202\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/156954"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=91202"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=91202"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=91202"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}